Remember he has a pen and a phone so he can do what ever he wants to make America more acceptable to the disadvantaged. After all, America has much to atone for given all of the problem we have caused here and around the world.
Why Does the ACA Definition of Full-Time Work Matter?
Source: Ben Gitis, "Changing the ACA's Definition of Full-Time Work," American Action Forum, January 8, 2015.
January 9, 2015
Congressional Republicans are looking at changing the Affordable Care Act's definition of full-time work. What exactly would that mean?
Currently, the ACA's employer mandate requires employers who have at least 50 full-time employees to provide their employees with health insurance -- those who do not are forced to pay a fine. Under the ACA, full-time work means working 30 hours per week or more. To avoid the additional labor costs, employers have a few options. For example, they can keep their workforce under 50 employees, cut employees' pay, cut current employees' hours to less than 30 hours a week or hire more part-time employees (for less than 30 hours per week).
Employers have responded to the law with workforce changes -- according to Ben Gitis, policy analyst at the American Action Forum, the ACA had reduced employment by 350,544 jobs as of September 2014.
What would changing the definition of "full-time" do for workers? Gitis contends it would reduce the likelihood that workers currently working below the 40-hour mark but above 30 hours would see their hours cut or jobs lost, because employers would no longer be penalized by offering employment for more than 30 hours a week. In 2013, there were 11.6 million workers in the 30 to 40-hour range.
If the 30-hour rule remains in place, these workers could see their work hours dropped to 29 hours or less.
Currently, the ACA's employer mandate requires employers who have at least 50 full-time employees to provide their employees with health insurance -- those who do not are forced to pay a fine. Under the ACA, full-time work means working 30 hours per week or more. To avoid the additional labor costs, employers have a few options. For example, they can keep their workforce under 50 employees, cut employees' pay, cut current employees' hours to less than 30 hours a week or hire more part-time employees (for less than 30 hours per week).
Employers have responded to the law with workforce changes -- according to Ben Gitis, policy analyst at the American Action Forum, the ACA had reduced employment by 350,544 jobs as of September 2014.
What would changing the definition of "full-time" do for workers? Gitis contends it would reduce the likelihood that workers currently working below the 40-hour mark but above 30 hours would see their hours cut or jobs lost, because employers would no longer be penalized by offering employment for more than 30 hours a week. In 2013, there were 11.6 million workers in the 30 to 40-hour range.
If the 30-hour rule remains in place, these workers could see their work hours dropped to 29 hours or less.
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